The state government of Guanajuato, Mexico, through the Institute of Innovation, Science, and Entrepreneurship for Competitiveness (IDEA GTO), has initiated important exchanges with various organizations, institutions, and agencies in India. This collaboration aims to strengthen the innovation and entrepreneurship ecosystem known as “Mindfacture Valley.”
Promoting Innovation through Mindfacture Valley
Governor Diego Sinhue Rodríguez Vallejo has been instrumental in promoting the Mindfacture public policy. This initiative was shared with both public and private sector organizations in India that focus on innovation, fostering a dialogue between the two ecosystems to create opportunities for innovative projects in both countries.
Achievements of Guanajuato’s Innovation Ecosystem
Guanajuato has been expanding its alliances to consolidate its innovation and entrepreneurship ecosystem. The state boasts the highest number of patent applications per 100,000 economically active inhabitants in Mexico. It is recognized as the fastest-growing ecosystem in Central America by Startup Blink and was ranked second in the world in the Fab City Awards 2023.
Strategic Partnerships with Indian Organizations
During the exchanges, Guanajuato signed a Memorandum of Understanding with Incubation Masters, a leading institution in strengthening startups and promoting Smart Cities, and with the Think Tank Movastcon Foundation.
Engaging with Leading Indian Technology Companies
Guanajuato representatives met with leading Indian technology companies such as Infosys, ByJu’s, HCL Tech, Dtown Robotics Primate Limited, and TATA Consultancy Services. These meetings were productive, resulting in a collaboration letter to generate opportunities for reskilling, upskilling, and talent fostering through hackathons. Plans were made to host webinars, share mentors, and participate in summits.
Exploring Fintech Innovations
In the fintech sector, Guanajuato representatives visited the National Payments Corporation of India and the Reserve Bank Innovation Hub, learning about the significant impact of PayTM in facilitating mobile payments. Participation in the Second International India Fintech Festival Forum provided further insights and opportunities.
Interactions with the Indian Public Sector
Besides having a meeting with the Mayor of Delhi, Guanajuato’s delegation visited the Ministry of Electronics and Information Technology, and the Parliament House.
Building Bridges with Indian Institutions
The exchanges established connections between Guanajuato and leading Indian institutions such as Nasscom, the Startup India project, and Amity University of Technology and Engineering. These interactions focused on using technology to improve the quality of life and emphasized the role of organized society and government in participating in the digital economy.
Strengthening Bilateral Relations
These conferences have consolidated the relations between Guanajuato and India. Indian organizations have already promoted digitalization, STEM training, and the detection of technological opportunities in Guanajuato.